About - LoopPay

In 2012, LoopPay co-founders Will Graylin and George Wallner contemplated how to create a mobile payment experience for all consumers that gave them control, was fast, easy to use, and worked virtually everywhere.

The fundamental idea was to take existing credit/debit card magnetic stripe readers and turn them into contactless receivers of magnetic signals from mobile devices. LoopPay was born with the invention of Magnetic Secure Transmission (MST). This patented technology, along with the LoopPay app, became the most accepted mobile payment solution worldwide.